Hedge Funds and CTAs

Democrats bankrolled their successful efforts to retake Congress in 2006 and the White House in 2008 with huge donations from Wall Street, and especially from the hedge fund industry. But to defend those gains in 2010, they’ll have to make do with much less from the same people.

After losing more than £1 billion as jittery investors yanked their money following the suspension of star manager Guillaume Rambourg in March, Gartmore Group said that investors are sticking by the firm—and some have even begun to return.

Last month, former Silver Point Partners executive Harry Wilson disclosed—as required by law—that the hedge fund paid him more than $250,000 last year. Chances are, the Republican nominee for New York State Comptroller was being modest.

A year after slashing its presence in Asia, RAB Capital is re-upping in the region, hiring a top Citigroup executive to head its Hong Kong office and raising hundreds of millions of dollars for a new Asia-focused hedge fund.

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Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information.